Shell, Dow in talks for Iraq chems project - reports

29 August 2007 16:57[Source: ICIS news]

LONDON (ICIS news)--The government of ?xml:namespace>Iraq is in talks with Shell and Dow Chemical on plans to rehabilitate and expand a chemical complex in the south of the country, newswire reports said on Wednesday.

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The Iraq industry minister Fawzi Hariri said talks on a joint venture agreement worth $2.1bn (€1.5bn) could be concluded later this year, according to Reuters.

Dow Chemical declined to comment, while Shell could not immediately be reached for comment.